[Federal Register Volume 73, Number 7 (Thursday, January 10, 2008)]
[Proposed Rules]
[Page 1851]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-219]



[[Page 1851]]

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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 1 and 301

[REG-129916-07]
RIN 1545-BG76


Patented Transactions; Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of public hearing on proposed rulemaking.

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SUMMARY: This document provides notice of a public hearing on a notice 
of proposed rulemaking relating to the disclosure of reportable 
transactions under sections 6011 and 6111 of the Internal Revenue Code. 
These regulations propose to add the patented transactions category of 
reportable transaction to the regulations under Sec.  1.6011-4 of the 
Income Tax Regulations. The regulations also include conforming changes 
to the rules relating to the disclosure of reportable transactions by 
material advisors under section 6111.

DATES: The public hearing is being held on Thursday, February 21, 2008, 
at 10 a.m. The IRS must receive outlines of the topics to be discussed 
at the hearing by Thursday, January 31, 2008.

ADDRESSES: The public hearing is being held in the auditorium, Internal 
Revenue Building, 1111 Constitution Avenue, NW., Washington, DC. Send 
submissions to: CC: PA: LPD: PR (REG-129916-07), room 5203, Internal 
Revenue Service, P.O. Box 7604, Ben Franklin Station, Washington, DC 
20044. Submissions may be hand-delivered Monday through Friday between 
the hours of 8 a.m. and 4 p.m. to CC: PA: LPD: PR (REG-129916-07), 
Courier's Desk, Internal Revenue Service, 1111 Constitution Avenue, 
NW., Washington, DC. Alternatively, taxpayers may submit electronic 
outlines of oral comments via the Federal eRulemaking Portal at http://
www.regulations.gov.

FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations, 
Michael H. Beker or Charles D. Wien, (202) 622-3070; concerning 
submissions of comments, the hearing, and/or to be placed on the 
building access list to attend the hearing, Richard A. Hurst at 
Richard.A.Hurst@irscounsel.treas.gov or (202) 622-7180 (not toll-free 
numbers).

SUPPLEMENTARY INFORMATION: The subject of the public hearing is the 
notice of proposed rulemaking (REG-129916-07) that was published in the 
Federal Register on Wednesday, September 26, 2007 (72 FR 54615).
    Persons who wish to present oral comments at the hearing that 
submitted written comments by December 26, 2007, must submit an outline 
of the topics to be discussed and the amount of time to be devoted to 
each topic (signed original and eight (8) copies) by January 31, 2008.
    A period of 10 minutes is allotted to each person for presenting 
oral comments. After the deadline for receiving outlines has passed, 
the IRS will prepare an agenda containing the schedule of speakers. 
Copies of the agenda will be made available, free of charge, at the 
hearing or in the Freedom of Information Reading Room (FOIA RR) (Room 
1621) which is located at the 11th and Pennsylvania Avenue, NW., 
entrance, 1111 Constitution Avenue, NW., Washington, DC.
    Because of access restrictions, the IRS will not admit visitors 
beyond the immediate entrance area more than 30 minutes before the 
hearing starts. For information about having your name placed on the 
building access list to attend the hearing, see the FOR FURTHER 
INFORMATION CONTACT section of this document.

Cynthia Grigsby,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedure and Administration).
 [FR Doc. E8-219 Filed 1-9-08; 8:45 am]
BILLING CODE 4830-01-P